Patronus Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

W John Ingram

Chief executive officer

AU$252.9k

Total compensation

CEO salary percentage	11.2%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1.2yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has W John Ingram's remuneration changed compared to Patronus Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$253k	AU$28k	AU$44m

Compensation vs Market: W John's total compensation ($USD164.36K) is below average for companies of similar size in the Australian market ($USD297.98K).

Compensation vs Earnings: Insufficient data to compare W John's compensation with company performance.

CEO

W John Ingram

less than a year

Tenure

AU$252,915

Compensation

W John Ingram was Chief Operating Officer of Patronus Resources Limited from May 21, 2024 to October 01, 2024 and serves as its Chief Executive Officer since October 01, 2024. W John Ingram is a geologist...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
W John Ingram	Chief Executive O?cer	less than a year	AU$252.92k	no data
Stephen Jones	CFO & Company Secretary	7.5yrs	AU$481.88k	0.034% A$ 36.1k
Nicholas Anderson	Executive Director of Business Development & Non-Executive Director	1.5yrs	AU$432.37k	0.17% A$ 173.3k
Leah Moore	Chief Geologist	less than a year	AU$325.75k	no data
Giuseppe Graziano		no data	no data	no data

1.2yrs

Average Tenure

Experienced Management: PTN's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Nicholas Anderson	Executive Director of Business Development & Non-Executive Director	5.3yrs	AU$432.37k	0.17% A$ 173.3k
Hansjoerg Plaggemars	Non-Executive Director	5.3yrs	AU$100.12k	0.099% A$ 103.4k
Robert Johnston	Non-Executive Chairman	2.3yrs	AU$634.44k	0.071% A$ 74.7k
Graham Ascough	Non-Executive Director	less than a year	no data	0.13% A$ 133.4k
Giuseppe Paolo Graziano	Non-Executive Director	11.2yrs	AU$101.52k	0.64% A$ 668.7k

5.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: PTN's board of directors are considered experienced (5.3 years average tenure).

Patronus Resources Management

Management criteria checks 2/4

Key information

Recent management updates

No independent directors

Patronus Resources Limited, Annual General Meeting, Nov 29, 2024

Kin Mining NL, Annual General Meeting, Nov 24, 2023

No independent directors

Kin Mining NL Announces Management Changes, Effective 18 August 2023

Kin Mining NL Appoints Nicholas Anderson as Executive Director Business Development

Recent updates

Patronus Resources Limited (ASX:PTN) completed the acquisition of 8.42% stake in Alto Metals Limited (ASX:AME).

New minor risk - Shareholder dilution

No independent directors

Patronus Resources Limited, Annual General Meeting, Nov 29, 2024

Patronus Resources Limited (ASX:PTN) completed the acquisition of PNX Metals Limited (ASX:PNX) from DELPHI Unternehmensberatung Aktiengesellschaft and others.

Kin Mining NL (ASX:KIN) entered into Scheme of Arrangement to acquire PNX Metals Limited (ASX:PNX) from DELPHI Unternehmensberatung Aktiengesellschaft and others for AUD 35.9 million.

Kin Mining NL (ASX:KIN) entered into Scheme of Arrangement to acquire PNX Metals Limited (ASX:PNX) from DELPHI Unternehmensberatung Aktiengesellschaft and others for AUD 35.9 million.

Kin Mining NL (ASX:KIN) entered into Scheme of Arrangement to acquire PNX Metals Limited (ASX:PNX) from DELPHI Unternehmensberatung Aktiengesellschaft and others for AUD 35.9 million.

PNX Metals Confirms Receipt of an Unsolicited, Non-Binding, Indicative, and Incomplete Proposal in Relation to Potential Merger from Kin Mining

Genesis Minerals Limited (ASX:GMD) completed the acquisition of Bruno-Lewis and Raeside gold projects in Leonora District from Kin Mining NL (ASX:KIN).

Genesis Minerals Limited (ASX:GMD) made an offer to acquire remaining 19.921697% stake in Dacian Gold Limited (ASX:DCN) for AUD60 million.

Genesis Minerals Limited (ASX:GMD) made an offer to acquire remaining 19.921697% stake in Dacian Gold Limited (ASX:DCN) for AUD60 million.

Kin Mining NL, Annual General Meeting, Nov 24, 2023

No independent directors

New minor risk - Financial data availability

New minor risk - Financial data availability

New major risk - Share price stability

Kin Mining NL Announces Management Changes, Effective 18 August 2023

New minor risk - Share price stability

Kin Mining NL Appoints Nicholas Anderson as Executive Director Business Development

Kin Mining NL Reports High-Grade Potential Continues to Grow At Cardinia with New Results from Helens East

Kin Mining NL Completes Drilling at its 100%-Owned 1.4Moz Cardinia Gold Project (CGP)

Kin Mining NL Announces Drilling Intersects Hg Gold At Eastern Corridor Ip Target

Kin Mining NL Provide an Update on Exploration Activities At Its 100%-Owned 1.41Moz Cardinia Gold Project (CGP), Located Near Leonora in Western Australia

Kin Mining NL Advise Initial Diamond Drilling Being Undertaken as Part of the Next Phase of Exploration and Resource Growth at Its 100%-Owned 1.4Moz Cardinia Gold Project, Located Near Leonora in Western Australia

Less than half of directors are independent

Kin Mining NL Announces Deep Diamond Drilling to Test Large-Scale Gold Targets

Kin Mining NL, Annual General Meeting, Nov 24, 2022

Kin Mining NL Commences Drilling Program At Murrin Murrin

Kin Mining NL Announces Exploration-Driven Growth Strategy Forcardinia Gold Project, Located Near Leonora in Western Australia

Kin Mining NL has completed a Follow-on Equity Offering in the amount of AUD 9.7425 million.

Kin Mining NL has completed a Follow-on Equity Offering in the amount of AUD 9.7425 million.

Kin Mining NL Announces Encouraging Results from RC Drilling at Iron King

Rowan Johnston Joins Kin Mining NL Board

Kin Mining NL Reports New Drilling Results from the Remaining 15 Reverse Circulation Drill-Holes Complete as Part of Its Eastern Corridor Exploration Program

Kin Mining NL Reports Highly Encouraging New Drilling Results from its Eastern Corridor Exploration Program Targeting the Under-explored Rangoon area Within its 100%-owned 1.275Moz Cardinia Gold Project

Kin Mining NL Reports Strong Results from Metallurgical Testwork on Cardinia's Sulphide Ores

Kin Mining NL Reports Highly Encouraging New Drilling Results from Its Eastern Corridor Exploration Program

Kin Mining Announces Shallow Gold Discovery Confirmed at Pegasus Prospect

Less than half of directors are independent

Kin Mining NL Reports New Drilling Results from Eastern Corridor Exploration Program

Less than half of directors are independent

Kin Mining NL Reports Final Results from the Air-Core Drilling Program At the Pegasus Prospect

Kin Mining NL Reports Assay Results from the First Eight Reverse Circulation (RC) Drill Holes Completed at the Modunt Flora Project

Kin Mining NL Reports Assay Results from the First Deep Diamond Hole Completed At the Mount Flora Project

Less than half of directors are independent

Kin Mining Nl Announces Gold Resource for Cardinia Hill Deposit Increases to 106Koz

Kin Mining Nl Announces Diamond Drilling Confirms Primary Gold Mineralization At Mt Flora

Kin Mining NL Reports Further High-Grade Assay Results from the Remaining Reverse Circulation and Diamond Drilling Program At the Cornerstone Cardinia Hill Deposit

Kin Mining NL Provides Update on its Ongoing Exploration Program at the 1.23Moz Cardinia Gold Project Located Near Leonora in Western Australia

Kin Mining Nl Provides Update on Kin 2 Drill Prospective Targets in Regional Exploration Push

Kin Mining NL Announces Exceptional Assays from First-Pass Drilling at Mount Flora

Kin Mining NL Announces Eagle-Crow Delivers More Shallow High-Grade Intercepts

Kin Mining NL Announces CGP Mineral Resources Estimate Increases to 1.23 Moz

Kin Mining NL Announces Thick, High-Grade Assay Results Confirm Quality of Bruno-Lewis Deposit Ahead of Resource Upgrade

Kin Mining NL has completed a Follow-on Equity Offering in the amount of AUD 12 million.

Kin Mining NL Commences Major New Phase of Drilling at Cardinia Gold Project in Leonora

Kin Mining Enhances Exploration Potential of Cardinia Gold Project Near Leonora in Western Australia

Kin Mining NL Announces Outstanding Thick, High-Grade Drill Results Pave Way for Pivotal Resource Upgrade at Bruno-Lewis Deposit

Kin Mining NL Reports Significant New Assay Results Received from Recent Reverse Circulation Drilling at the Bruno-Lewis Deposit

Kin Mining NL Report Significant New Assay Results from Recent Air-Core (Ac) Drilling At the Iron King Prospect

Kin Mining NL Announces New Assay Results from Recent Air-Core and Reverse Circulation Drilling at the East Lynne

New 90-day high: AU$0.23

New 90-day high: AU$0.21

Kin Mining NL Announces New Air-Core Drilling Results At East Lynne Confirm Continuity of Mineralisation over 3.2 Kilometres

Kin Mining NL has completed a Follow-on Equity Offering in the amount of AUD 6.066199 million.

CEO Compensation Analysis

CEO

Tenure